Infinera's offer to acquire Transmode (OMX: TRMO) has been accepted by shareholders representing approximately 95.8 percent of the outstanding shares and votes in Transmode. The transaction is now slated to close on or around August 20, 2015. Of the shares tendered, approximately 63 percent were tendered under the cash and stock mix alternative, and approximately 37 percent were tendered under the all-cash alternative. This will result in final consideration comprised of approximately 7.9...
Read MoreBy Patrick Steiner, Lead Architect at Red Hat.
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